All Forum Posts by: Keith Gilde

Hey Vedat Sarayli, Welcome to BP. Hope things are going well. I too am new to these forums and a newer investor looking for wholesale and flip deals in mon/oc NJ. I just wanted to make contact with you, and hope one day down the road we could possibly help each other out! Good luck to you!

Hey BP, 

I've been on BP forums for about a month, but this is one of my first posts. 2 partners and I are trying to get an REI startup off the ground and I just wanted to start chronicling the process and hoped to get some welcomed advice. We started off on the MLS, making offers on properties we valued as a flip opportunity. Due to our initial underestimation of the competition in bidding on these properties, we've decided to hit direct mail hard. We are really focusing on direct mail and advertising exclusively now, still hoping for a flip but also strongly considering doing wholesale deals as well. If anyone has advice on how to get in touch with potential buyers for our wholesale properties in Monmouth and Ocean counties (NJ), or finding that first deal, it would be greatly appreciated! After all experience is the best teacher! I will keep our journey well documented!

Thanks in advance,

Keith Gilde

Hey BP, I've been on BP forums for about a month, but this is one of my first posts. 2 partners and I are trying to get an REI startup off the ground and I just wanted to start chronicling the process and hoped to get some welcomed advice. We started off on the MLS, making offers on properties we valued as a flip opportunity. Due to our initial underestimation of the competition in bidding on these properties, we've decided to hit direct mail hard. We are really focusing on direct mail and advertising exclusively now, still hoping for a flip but also strongly considering doing wholesale deals as well. If anyone has advice on how to get in touch with potential buyers for our wholesale properties in Monmouth and Ocean counties (NJ), or finding that first deal, it would be greatly appreciated! After all experience is the best teacher! I will keep our journey well documented! Thanks in advance, Keith Gilde

Really appreciate the feedback, and good luck with that stubborn seller. Hope they budge!

Thanks Doug. I appreciate the feedback. Looks like I'll be picking up that book then.

Thank you Deborah! I appreciate it. Also I was wondering whether or not there was an estimation software anyone recommends?

Thank you for the feedback. I appreciate it. Now when you rough estimate before seeing the property are you just taking the sqft multiplied by the average cost of installation for say flooring in your area as an example and adding that to the rest of the rehab costs? Once I get in I'll be more confident but like you said sometimes you want to avoid that trip to see the property if it's unnecessary.

Hey everyone, My name is Keith, and two partners and I are at the beginning stages of opening an REI company. I have an extensive background in home repairs and construction in general but lack experience when it comes to estimating larger scale jobs. My question for anyone who has experience estimating is, how accurate and reliable is estimating by sqftage, and what other forms of estimation would you recommend for assessing the cost of a renovation project? I'm new to the REI business, and BP forums and would really appreciate any feedback. Thanks

Hey everyone, My name is Keith, and two partners and I are at the beginning stages of opening an REI company. I have an extensive background in home repairs and construction in general but lack experience when it comes to estimating larger scale jobs. My question for anyone who has experience estimating is, how accurate and reliable is estimating by sqftage, and what other forms of estimation would you recommend for assessing the cost of a renovation project? I'm new to the REI business, and BP forums and would really appreciate any feedback. Thanks!

Hey everyone, My name is Keith, and two partners and I are at the beginning stages of opening an REI company. I have an extensive background in home repairs and construction in general but lack experience when it comes to estimating larger scale jobs. My question for anyone who has experience estimating is, how accurate and reliable is estimating by sqftage, and what other forms of estimation would you recommend for assessing the cost of a renovation project? I'm new to the REI business, and BP forums and would really appreciate any feedback. Thanks!